Updated Dec 21, 2023
William Raveis Real Estate Acquires Multifamily Property In Wellfleet, MA For $1.3M
313 Main Street, Wellfleet, Massachusetts, USA
$1,300,000
$2,653/SF
Building Size
490 SF
Asset Type
MultiFamily
Closing
Mar 11, 2021
About this deal
AI
A multifamily property located at 313 Main Street in Wellfleet, MA has been sold for a total price of $1,300,000. The property spans a total area of 490 square feet, resulting in a price per square foot of $2,653. The transaction took place on 03/12/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 313 Main Street
- Market: Wellfleet, MA
- Property Image: Pamela Puffer Anthony
- Seller's Representative: Pamela Puffer Anthony - Cape Cod Oceanview Realty
- Buyer's Representative: Sarah Pechukas - William Raveis Real Estate - Eastham
Pamela Puffer Anthony from Cape Cod Oceanview Realty represented the seller in this transaction, while Sarah Pechukas from William Raveis Real Estate - Eastham represented the buyer.
Players
Wellfleet MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93